Careers (May 24, 1999)
Some companies wait for the future. We make it happen. Since 1967, we’ve believed in the potential of the oil sands and our ability to turn that vision into reality. Today, Suncor Energy is a world le…
News
EuroZinc hits impressive grades — Infill drilling program boosts potential of Aljustrel
Infill drilling at the Feitais deposit, part of the formerly producing Aljustrel property in southern Portugal, continues to intersect zinc grades that are significantly higher than prefeasibility est…
Cyprus sells coal assets (May 24, 1999)
In an ongoing effort to pare down its assets and concentrate on its core business, Cyprus Amax Minerals (CYM-N) has entered into an agreement to sell its coal subsidiary to Germany-based RAG Internati…
Last-ditch effort fails to save Highland Valley copper mine
Last-minute talks have failed to prevent Canada’s largest producing base metal mine, Highland Valley Copper, from shutting down indefinitely.Situated 50 km from Kamloops, B.C., the mine is a partnersh…
Glamis Gold posts 3-month loss, completes Rayrock merger
Lower production rates and low gold prices took their toll on Glamis Gold (GLG-T) during the first quarter.The company posted a loss of US$3.3 million (or US7 cents per share) on revenue of US$7.9 mil…
BOOK REVIEW
Fipke account misses mark — Travelogue barely scratches surface of Canadian diamond huntFire Into Ice: Charles Fipke & the Great Diamond Hunt By Vernon Frolick…
NEWS ROUNDUP — Freewest, Lenora to drill Bylund
Partners Freewest Resources Canada (FWR-T) and Greater Lenora Resources (GEN-T) are planning to drill their joint-ventured Bylund gold property in the Matawin gold belt near Thunder Bay, Ont.The partn…
Hecla Mining to assume ownership of La Camorra
Hecla Mining (HL-N) has signed a purchase agreement to acquire all the assets of Monarch Resources (MRE-T) for US$25 million.The deal would see Hecla assume ownership of Monarch’s La Camorra gold mine…
Taseko poised to close deal for Gibraltar copper mine
Hunter-Dickinson-led Taseko Mines (TKO-V) has entered into an agreement with Boliden (BOL-T) to acquire the Gibraltar copper mine, near Williams Lake in central British Columbia.Gibraltar is a large-s…
Manhattan wins approvals
It was a long time coming, but Manhattan Minerals (MAN-T) has finally received all necessary government approvals to begin exploration on the Tambo Grande mining concessions in northern Peru.The Peruv…
Vengold tables loss, responds to criticism
Saddled with a US$115-million debt load and a first-quarter net loss of US$16.7 million, Vengold (VEN-T) found itself facing some criticism from shareholders at its annual meeting in Vancouver.Several…
Francisco tests El Sauzal extensions
Diamond drilling at Francisco Gold’s (FGX-V) El Sauzal project in Mexico’s Chihuahua state has been focusing on expanding the 3.6-million-oz. contained resource by stepping out on possible extensions …